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Climate Finance Monthly Newsletter - Issue N°10 - October 2011

13-Dec-2011

A heavy reliance on fossil fuels, rising energy demands, and mounting GHG emissions are pushing Morocco to invest further in one of its most abundant natural resources: the wind. Concessional financing is key to harnessing it. The African Development Bank (AfDB) will blend its own financing with pledges from the Climate Investment Funds (CIF) to breathe life into projects, expand their scope, and spur private investment in Morocco’s growing wind market.